US & Asia stock markets plunge amid geopolitical tensions

Stock markets in the US and Asia plunged in early trade today amid geopolitical tensions. The S&P 500 futures traded below the flat line, while the Nasdaq futures were also down by nearly 100 points.

 

Japan’s benchmark Nikkei 225 fell 0.58 per cent, while in South Korea, the Kospi index lost 1.16 per cent. The Futures for



Hong Kong’s Hang Seng index also opened lower.

Meanwhile, Energy markets have opened for the first trading session following the US attack on Iran. The price of the benchmark Brent Crude rose more than 3 percent in early trading, climbing to over 79 dollars a barrel.